The Japanese storage company closed with a market value of 51.75 trillion yen and has surged 807% year to date, remaining Japan’s most valuable listed company.
Kioxia rose more than 4% on the day to close at 97,420 yen, setting another record high. The Japanese storage company’s market capitalization reached 51.75 trillion yen, keeping it firmly in place as Japan’s most valuable company by market value. The stock is now up 807% since the start of the year, underscoring a sharp re-rating in investor sentiment.